Pune Metro Update: HCC & UAE’s Al Fara’a Joint Venture Bags Rs 497 Crore Contract For Construction Of Nine Elevated Stations Of Pune Metro

Pune Metro Update: HCC & UAE’s Al Fara’a Joint Venture Bags Rs 497 Crore Contract For Construction Of Nine Elevated Stations Of Pune Metro

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Date of Post: 04 Nov, 2017

Pune: HCC (Hindustan Construction Co. Ltd) along with the UAE’s Al Fara’a has been awarded a Rs 497.09 crore contract by the Maharashtra Metro Rail Corporation Ltd to build nine elevated stations for the Pune Metro Rail project, an official said.

The Nine Metro Stations Are-

  • Pimpri-Chinchwad Municipal Corporation
  • Tukaram Nagar
  • Bhosari
  • Kasarwadi
  • Phugewadi
  • Dapoli
  • Bopodi
  • Khadki
  • Range Hill

About The Contract:

  • “Hindustan Construction Company, a lead partner in the joint venture with AL FARA’A, has been awarded Rs 497.09 crore contract by the Maharashtra Metro Rail Corporation Ltd for Pune Metro Rail Project,” HCC said.
  • The contract is for construction of nine elevated metro stations.
  • The total length of Pune Metro phase 1 is 32 km.
  • The project is to be completed in 110 weeks.

HCC JV With Al Fara’a

  • HCC’s share in the joint venture is 51% (Rs 253.5 crore).
  • HCC as the lead partner holds 51% in the JV with Al Fara’a, for the 32-km-long Pune Metro, which will be divided between Line 1 (16.59 kms) & Line II (14.66 km).

The Metro Project

  • HCC President Arun Karambelkar said, the Line I is partly elevated and partly underground running between Pimpri-Chinchwad Municipal Corporation to Swargate & all the elevated stations on it will be constructed by the HCC-Al Fara’a.
  • The 32-km-long Pune Metro project, estimated to cost around Rs 11,500 crore is likely to be operational by 2021.
  • Karambelkar said,”We are honoured to be a part of this prestigious (Pune) project with MMRCL. It is testimony to our proven execution excellence and capabilities across Mumbai Metro, Delhi Metro and Kolkata Metro. The project will bring relief to millions of commuters and will assist in easing the severe traffic congestion in the city.”

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